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Pfizer Exits Early Neuroscience, But M&A Could Allow Later Re-Entry

 
• By Sten Stovall

Pfizer is abandoning research to find new drugs for Alzheimer’s and Parkinson’s disease, realizing that finding treatments for the diseases is very tough - but M&A could allow an eventual return, analysts say.

Nerve cells
Analysts Unsurprized By Pfizer Exiting Early Neuroscience R&D • Source: Shutterstock

Pfizer Inc. has decided to call it quits in early neuroscience R&D in a move that analysts say was predictable and still leaves open the option of M&A as a return route if other players make a success of it.

Pfizer Jan. 5 said it was ending its neuroscience discovery and early development efforts and re-allocate funding to those areas...

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